GENIUS Act Triggers $9 Billion Stablecoin Surge, USDe & USDT Lead

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The GENIUS Act has sparked a big boost in the stablecoin market.

On July 18th, US President Donald Trump signed the GENIUS Act into law, marking a big step to make stablecoins official financial products. Backed by strong bipartisan support, the legislation sets clear rules for the industry, including a requirement that all stablecoins must be fully backed by liquid reserves.

The impact was almost immediate. 

Data from CoinMarketCap shows the stablecoin market, now valued at around $276 billion, has grown by $9.11 billion in just 23 days since the Act passed. This rapid rise shows how a clear and favorable regulatory framework can boost both adoption and innovation in the crypto space.

Since the GENIUS Act passed, the total stablecoin market cap grew $9.11B in 23 days